2020 E 2nd ST # B, Austin TX 78702

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $636,801. I'd recommend coming to market at $732,000 to $925,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in 78702. Being 201 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 2007, this home is 8 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in 78702, creating a buyer's market for this price range. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 310 Pedernales ST, Austin TX 78702 nearby adjusts to $662,026; a strong comparable. Based on 3 relevant data points in 78702, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX